United Arab Emirates (UAE) Wires & Cables Market (2020-2026) | Outlook, Industry, Forecast, Size, Value, Companies, Trends, Revenue, Growth, Share, Analysis & COVID-19 IMPACT

The latest development (2023) of the United Arab Emirates (UAE) Wires & Cables Market

United Arab Emirates (UAE)Wires & Cables Market is developing at a rapid pace on account of various smart cities by the government and the growing demand for smart grids. Smart grids are becoming increasingly popular in the country as they can help to improve the efficiency of the electricity grid. This is driving demand for wires and cables in the UAE smart grid market. There are various companies present in the market which are heavily investing in the research and development domain and focusing on expanding their global footprint to meet the growing demand for wires and cables. The UAE wires and cables market is a highly competitive market and the adoption of renewable energy sources such as solar and wind power is the latest development in the market. 

Topics Covered in United Arab Emirates (UAE)Wires & Cables Market Report

United Arab Emirates (UAE)Wires & Cables Market report thoroughly covers the market by voltage, installation and end user. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

United Arab Emirates (UAE) Wires & Cables Market is projected to grow over the coming year. United Arab Emirates (UAE) Wires & Cables Market report is a part of our periodical regional publication Middle East Wires & Cables Market outlook report. 6W tracks the Wires & Cables market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Wires & Cables Market Outlook report annually.

United Arab Emirates (UAE) Wires & Cables Market Synopsis

United Arab Emirates (UAE)Wires & Cables Market is projected to grow in the forecast period due to Significant investment in infrastructure development projects. The establishment of buildings, new skyscrapers and shopping malls are driving the growth of the market. The digital transformation in the world coupled with favourable government telecom policies coupled with rising usage of electric meters is boosting the growth of the industry.

According to 6Wresearch, United Arab Emirates (UAE)Wires & Cables Market size is projected to register growth during 2020-2026. An increasing shift towards IT integration in the electricity sector backed by evolving smart transmission technology is driving the growth of the market. The growth in the energy sector is the key reason for the growth. The country is a notable player in the oil and gas industry, and the expansion of the energy sector requires extensive cabling for the distribution and supply of power transmission. Rapid urbanization and the construction of commercial and residential buildings have propelled the demand for electrical wiring and cables. The various government initiatives and policies promoting sustainable energy and smart cities have fuelled the demand for wires & cables. There are certain challenges in the market. The cost of raw materials used in cable manufacturing, such as copper and aluminium is volatile which affects the overall production. Unfavourable economic conditions and global uncertainties can affect the construction and industrial sectors which heavily impacts the demand for wires and cables. The market is an integral part of the Middle East Wires & Cables Market these negative factors have severely affected the overall development of the market.

COVID-19 Impact on United Arab Emirates (UAE)Wires & Cables Market

The outbreak of the COVID-19 pandemic hugely affected the Wires & Cables Market in United Arab Emirates (UAE) The lockdown protocol and social distancing guidelines imposed to contain the spread of COVID-19 impacted construction and infrastructure projects in the UAE. Many projects were delayed or put on hold and it led to a severe reduction in the demand for the wires & Cables. The pandemic led to disruptions in the global supply chain which affected the availability of raw materials and components required for cable production in the country. Due to the temporary closedown of business, and the operation of industries at limited capacities, there was a decline in industrial activities and this reduction in industrial output affected the demand for cables used in industrial applications mad led to a decrease in United Arab Emirates (UAE)Wires & Cables Market Growth.

United Arab Emirates (UAE)Wires & Cables Market: Key players

• Ducab
• Oman Cables Industry (OCI)
• Prysmian Group
• Nexans
• Tratos
• KEI Industries Limited
• Riyadh Cables Group
• Bahra Cables Company
• Caledonian Cables
• DUCAB HV

These are the major players in the United Arab Emirates (UAE)Wires & Cables Industry who are manufacturing effective and reliable cables & wires to cater to various needs of the industries.

Market by Voltage

According to Dhaval, Research Head, 6Wresearch, based on voltage, the market is segmented into Low Voltage, Medium Voltage, High Voltage and Extra-High Voltage. Low-voltage cables are majorly used for electrical wiring in residential, commercial, and industrial buildings which has propelled the demand in the building and construction sector. 

Market by Installation

Based on the installation, the Overhead segment is expected to grow in the forthcoming years mainly due to various infrastructure development projects like highways, bridges, and rural electrification and this major factor has given rise to United Arab Emirates (UAE)Wires & Cables Market Share.

Market by End-user

The building and construction segment will grow on the account of booming real estate and construction market in the country and this has fuelled the demand for wires and cables used in various building applications.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• United Arab Emirates (UAE) Wires & Cables Market Outlook
• Market Size of United Arab Emirates (UAE) Wires & Cables Market, 2019
• Forecast of United Arab Emirates (UAE) Wires & Cables Market, 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Revenues & Volume for the Period 2016 - 2026
• United Arab Emirates (UAE) Wires & Cables Market Trend Evolution
• United Arab Emirates (UAE) Wires & Cables Market Drivers and Challenges
• United Arab Emirates (UAE) Wires & Cables Price Trends
• United Arab Emirates (UAE) Wires & Cables Porter's Five Forces
• United Arab Emirates (UAE) Wires & Cables Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Voltage for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Low Voltage for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Medium Voltage for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By High Voltage for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Extra-High Voltage for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Installation for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Overhead for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Underground for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Aerospace & Defense for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Oil & Gas for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Energy & Power for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By IT & Telecommunication for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Wires & Cables Market Revenues & Volume By Others for the Period 2016 - 2026
• United Arab Emirates (UAE) Wires & Cables Import Export Trade Statistics
• Market Opportunity Assessment By Voltage
• Market Opportunity Assessment By Installation
• Market Opportunity Assessment By End-users
• United Arab Emirates (UAE) Wires & Cables Top Companies Market Share
• United Arab Emirates (UAE) Wires & Cables Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Wires & Cables Company Profiles
• United Arab Emirates (UAE) Wires & Cables Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Voltage

• Low Voltage
• Medium Voltage
• High Voltage
• Extra-High Voltage

By Installation

• Overhead
• Underground

By End-users

• Aerospace & Defence
• Building & Construction
• Oil & Gas
• Energy & Power
• IT & Telecommunication
• Others